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Chung Corporation Uses a Job Order Costing System Part 1-Complete Job Cost Sheets for Each Job

question 216

Essay

Chung Corporation uses a job order costing system. Five jobs were worked on during the current year. The predetermined overhead rate is 20% of direct labor costs. The following cost information is available (all materials and time ticket information applies to direct costs):

$\begin{array} { c c c } \text { Job } & \text { Materials Requisitions } & \text { Time Tickets } \\101 & \$ 66,000 & \$ 32,000 \\102 & \$ 63,000 & \$ 74,000 \\103 & \$ 39,000 & \$ 50,000 \\104 & \$ 32,000 & \$ 36,000 \\105 & \$ 53,000 & \$ 68,000\end{array}$ Part 1-Complete job cost sheets for each job.

$Chung Corporation uses a job order costing system. Five jobs were worked on during the current year. The predetermined overhead rate is 20% of direct labor costs. The following cost information is available (all materials and time ticket information applies to direct costs): \begin{array} { c c c } \text { Job } & \text { Materials Requisitions } & \text { Time Tickets } \\ 101 & \$ 66,000 & \$ 32,000 \\ 102 & \$ 63,000 & \$ 74,000 \\ 103 & \$ 39,000 & \$ 50,000 \\ 104 & \$ 32,000 & \$ 36,000 \\ 105 & \$ 53,000 & \$ 68,000 \end{array} Part 1-Complete job cost sheets for each job. Part 2-Identify the amounts of each of the following accounts at the end of the period a. Work in Process________ b. Finished Goods________ c. Cost of Goods Sold________$

$Chung Corporation uses a job order costing system. Five jobs were worked on during the current year. The predetermined overhead rate is 20% of direct labor costs. The following cost information is available (all materials and time ticket information applies to direct costs): \begin{array} { c c c } \text { Job } & \text { Materials Requisitions } & \text { Time Tickets } \\ 101 & \$ 66,000 & \$ 32,000 \\ 102 & \$ 63,000 & \$ 74,000 \\ 103 & \$ 39,000 & \$ 50,000 \\ 104 & \$ 32,000 & \$ 36,000 \\ 105 & \$ 53,000 & \$ 68,000 \end{array} Part 1-Complete job cost sheets for each job. Part 2-Identify the amounts of each of the following accounts at the end of the period a. Work in Process________ b. Finished Goods________ c. Cost of Goods Sold________$

Part 2-Identify the amounts of each of the following accounts at the end of the period
a. Work in Process________
b. Finished Goods________
c. Cost of Goods Sold________

Identify the treatment options for bipolar disorder and the specific use of lithium in its management.

Recognize the benefits and limitations of selective serotonin reuptake inhibitors (SSRIs) compared to other antidepressants.

Understand the dietary and health considerations necessary when administering MAO inhibitors for depression.

Identify the major classes of antidepressant drugs and their effects on neurotransmitter levels.

Definitions:

Stanford Binet Scale

An individually administered intelligence test that was revised from the original Binet-Simon Scale, measuring five factors of cognitive ability.

Adaptive Behaviour

The range of skills and abilities that people need to function and meet the demands of their everyday lives.

Phonological Processing

The use of the sound system of a language to process written and spoken language, critical in reading and language development.